Tag: La Gajjar Machineries

Kirloskar Oil Engines to acquire balance equity stake of La Gajjar Machineries

Kirloskar Oil Engines Limited (KOEL), a leader in the manufacturing of diesel engines, agricultural equipment, and generator sets with a sizable presence in international markets, announced that it will acquire balance stake in La-Gajjar Machineries Private Limited (LGM), Ahmedabad. KOEL had acquired 76% stake in LGM in the year 2017 with an agreement that the…